HomeMovies and TV ShowsNetflixNetflix acquires Animal Logic, a leading independent Animation Studio

Netflix acquires Animal Logic, a leading independent Animation Studio

 

In addition to reporting that it lost 970,000 subscribers in its Q2 2022 letter to shareholders, Netflix also disclosed that it has acquired Animal Logic, the Australian animation company behind “Happy Feet,” “The Lego Movie,” “Peter Rabbit,” and other animated films. Later this year, the purchase is anticipated to finalize.

The Magician’s Elephant, a 2023 release, and “The Shrinking of Treehorn,” Ron Howard’s first animated film, are already the products of a partnership between the two businesses.

Animal Logic, the world’s leading independent animation studio, has been acquired by Netflix

With a full slate of movies spanning Animal Logic’s Sydney and Vancouver studios, including Wendy Rogers’ The Magician’s Elephant and the recently announced Ron Howard-directed The Shrinking of the Treehorns for Netflix, the announcement strengthens the two firms’ existing strong cooperation.

The expansion of Netflix’s end-to-end animation production capabilities will be accelerated by its collaboration with Animal Logic. A global creative production team and an animation studio that will produce some of Netflix’s biggest animated feature titles will be formed by the teams from Animal Logic and Netflix Animation. In order to meet its needs for animated films and television shows, Netflix will continue to collaborate with numerous animation studios worldwide.

Additionally, according to Netflix, CEO and co-founder Zareh Nalbandian, the Animal Logic teams, and leadership will continue to work together and with long-standing studio partners while continuing to operate under the Animal Logic brand and fulfill production obligations that have already been made.

This improves Netflix’s ability to compete with Disney+ and its selection of animated family movies. The company’s effort to advance the development of its “end-to-end animation production skills” is the expansion of the Netflix animation team.

Netflix Officials regarding the acquisition 

Regarding the acquisition, Amy Reinhard, Netflix Vice President of Studio Operations said,

“Netflix has been investing in animation over the past few years and this furthers our commitment to building a world-class animation studio. Animal Logic is a leading animation studio with innovative technology that will strengthen our existing business and increase our long-term capacity in the animation space, so that we can better entertain our members around the world.”

Regarding the acquisition, CEO and co-founder of Animal Logic, Zareh Nalbandian said,

“After 30 years of producing great work with great people, this is the perfect next chapter for Animal Logic. Our values and aspirations could not be more aligned with Netflix, in working with diverse content makers, producing innovative and engaging stories for audiences around the world. Our collective experience and talent will open new doors for all our teams and will empower a new level of creativity in animation.”

 


Follow Tech n Spice on TwitterFacebook and subscribe to our YouTube channel for the latest videos tech newsleakstips & tricks, top-notch gadget reviews of the most interesting releases, and some Automobile NewsAlso, follow us on Google News for the latest updates.


DisclosureSome of the links in the website are affiliate links, meaning that at no additional cost to you but, we will receive a commission if you click through and make a purchase.

Vishwamoorthy
Vishwamoorthy
Pursuing Engineering. Content writer by passion to technology. One who likes following mobile technology and it's revolutions on years coming. Keeps improving everyday!

FOLLOW US

8,306FansLike
1,026FollowersFollow
22FollowersFollow
1,960FollowersFollow
474FollowersFollow
16,500SubscribersSubscribe

Related Stories